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Short Market Overview Gigacasting and Giga Presses in the Automotive Industry

📅 Date:

🔖 Topics: Large Component Casting

🏢 Organizations: NIO, Ryobi, Tesla


How much does a Giga Press cost in China?

  • 6,000 ton ~ € 6,000,000 (DCC 6000 Impress Plus L.K.)
  • 9,000 ton ~ €10,500,000 (estimation)
  • 12,000 ton > €14,500,000
  • 16,000 ton ~ € 20,000,000 (estimation)
  • The die casting peripheral equipment costs are about € 8 mio.
  • The logistic costs of a Giga Press from IDRA are approx. 10-15% of the value of the machine.
  • The tooling costs are one of the largest contributors to the part price. Gigacastings rely on AlSi7CuMg for Tesla or AlSi7MnMg for OEMs like Volkswagen or Volvo.
  • At the same time, the gross win rate of large die casting machines is 10-15 points higher than that of ordinary die casting machines, and the net win rate is between 15-20%.

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